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US ADP jobs grew only 177k, wages growth slowed further

August’s US ADP Private Employment report showed a lower-than-expected gain of 177k jobs, falling short of the consensus forecast of 205k. The data, which is often viewed as a precursor to the official non-farm payrolls report, painted a nuanced picture of the American labor market. By sector, goods-producing sectors added 23k jobs, while service-providing sectors […] The post US ADP jobs grew only 177k, wages growth slowed further appeared first on Action Forex... Read More

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Content Topics

Jobs

Grew

Only

177k

Wages

Growth

Slowed

Further

Forex

Posted: Aug 30 2023, 12:24

Author Name: actionforex

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